CNRE(SH:600111)2019-10-25 16:00Financial Performance - Operating revenue for the first nine months reached CNY 14.08 billion, representing a 51.18% increase year-on-year[6]. - Net profit attributable to shareholders was CNY 461.18 million, up 21.56% from the same period last year[6]. - Basic earnings per share rose by 22.02% to CNY 0.1269[6]. - The company's operating revenue for Q3 2019 reached CNY 14.08 billion, a 51.18% increase compared to CNY 9.32 billion in the same period last year[13]. - Operating profit for the first three quarters of 2019 was RMB 620,463,910.96, an increase of 11.9% compared to RMB 554,525,095.10 in the same period of 2018[24]. - The company reported a net profit of RMB 258,690,339.43 for Q3 2019, compared to RMB 153,985,149.10 in Q3 2018, reflecting a growth of 68.2%[24]. - The total profit for the first three quarters of 2019 was ¥397,394,395.30, a decrease of 46.9% compared to ¥749,011,652.71 in the same period of 2018[26]. Cash Flow - The net cash flow from operating activities was CNY 256.54 million, a significant improvement from a negative CNY 906.52 million in the previous year[6]. - The net cash flow from operating activities improved significantly to CNY 256.54 million, compared to a negative CNY 906.52 million in the previous year[13]. - The net cash flow from operating activities for the first three quarters of 2019 was ¥256,538,859.33, recovering from a negative cash flow of ¥906,522,268.56 in the first three quarters of 2018[30]. - The company achieved a net cash flow from operating activities of ¥622,363,769.49 in the first three quarters of 2019, a recovery from a negative cash flow of ¥582,446,749.56 in the same period of 2018[33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 23.64 billion, a decrease of 0.38% compared to the end of the previous year[6]. - The total assets as of September 30, 2019, were CNY 23.64 billion, slightly down from CNY 23.73 billion at the end of 2018[19]. - The company's total assets as of September 30, 2019, amounted to RMB 20,613,575,322.51, up from RMB 19,803,687,795.38 at the end of 2018[22]. - Total liabilities decreased to CNY 10.86 billion from CNY 11.27 billion year-on-year, indicating improved financial stability[19]. - Total liabilities reached CNY 11,270,457,774.16, with current liabilities at CNY 6,134,466,992.84[36]. - The company has a strong liquidity position, with current assets exceeding current liabilities by CNY 11,152,946,930.02[36]. Shareholder Information - The company reported a total of 335,729 shareholders at the end of the reporting period[10]. - Shareholders' equity totaled CNY 12,462,131,829.67, with equity attributable to the parent company at CNY 9,225,297,610.53[36]. - The total equity of the company as of September 30, 2019, was RMB 11,711,468,355.10, up from RMB 11,540,653,193.23 at the end of 2018[22]. Research and Development - R&D expenses rose by 75.18% to CNY 48.11 million, indicating increased investment in innovation[13]. - Research and development expenses for Q3 2019 were RMB 21,782,720.54, a significant increase of 139.5% compared to RMB 9,085,350.11 in Q3 2018[24]. - The company's R&D expenses for Q3 2019 were ¥3,018,160.73, a decrease from ¥4,433,137.08 in Q3 2018[26]. Financial Stability - The company reduced long-term borrowings by 59.95% to CNY 477.06 million, reflecting debt repayment efforts[19]. - The company reported a decrease in interest income by 40.28% to CNY 27.70 million, compared to CNY 46.39 million in the previous year[13]. - The cash outflow from investment activities decreased by 94.29% to CNY -75.71 million, showing reduced investment expenditures[13].